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2022-03-31-accounts

Labourers2gether Registered Charity Number 1182581 Trustees’ Report For the year ended 31[st] March 2022

The trustees are pleased to present their report and financial statements for the year ended 31[st] March 2022. The financial statements have been prepared on a receipts and payments basis as permitted by the Charity Commission for non-company charities with income below £250,000.

Structure, governance and management

The charity is constituted by trust and is governed by a trust deed dated 11[th] March 2019.

The trustees who held office during the year are listed on the preceding page. New trustees are elected by the existing trustees.

Financial review

The charity received donations totalling £18,392 (3rd year of charity) throughout the year ended 31[st] March 2022.

As at 1[st] April 2022 £19,487 was held in the UK bank, £110 cash in hand as Kwanzas and £3042 cash in hand as Dollars, though most will be taken our April 2022 in order to return and build in Angola.

The trustees’ general policy is to hold between £2,000-£5,000 in reserve to ensure there is no shortfall in the costs owed for containers when they have arrived and been unpacked in Angola. The excess above this was due to the Covid-19 pandemic and then 5 months processing for visas, preventing return flights and building work in Angola until April 2022, so not in the above accounting year.

Compared to the previous year:

Labourers2gether Registered Charity Number 1182581 Trustees’ Report For the year ended 31[st] March 2022

Public benefit statements

The trustees have had regard to the Charity Commission’s guidance on public benefit. The charity benefits the public through the following programmes which take place in Angola :

Objectives and activities

The charity’s key object is:

Labourers2gether Registered Charity Number 1182581 Trustees’ Report For the year ended 31[st] March 2022

Achievements and performance

The charity’s key achievements throughout the year ended 31[st] March 2022 were as follows:

This report was approved by the board of trustees and signed on their behalf.

Jonathan Singleton Date:

Labourers2gether Registered Charity No. 1182581 For the year ended 31 March 2022

Receipts and Payments account

Receipts and Payments account
2022 2021
Receipts £ £
Donations received 18,392
23,010
Payments
Equipment 1,993 3,722
Caretaking/Security 2,896
7,006
Immigration Costs 2,611
0
Administration Costs 1,168
0
Materials 82 0
Travel 327
131
Printing, postage & stationery 247
0
Food & Household Expense 27
0
Literature/UK evangelism 493
3,013
Professional Fees 129
0
Shipping 122 939
Bank Charges 36
87
Building Expense 0 4,000
Sundries 300 451
______
______
10,431
19,349
Net Receipts 7,961 3,661
Cash as at 1 April 2021 14,678
1 Apr 20
11,017
Cash as at 31 March 2022 £22,639
31 Mar 21
£14,678

Labourers2gether Registered Charity No. 1182581 For the year ended 31 March 2022

Statement of Assets & Liabilities

2022
£
Cash Funds
Cash at bank
19,487
11,433
Cash in hand (note 1)
in foreign currencies
$ 3,042
Kwanzas
110
__
___
£22,639
2021
£
3,180
65
£14,678